Catalytic converters have economic value as they contain precious metals. This is the main reason why they are sold as the most expensive scrap. Because it contains rhodium, palladium and platinum, which are among the most precious metals. They can be converted into more cash when Pt, Pd, Rh are recovered from the scrap catalytic converter.
How much is a gram of Platinum (Pt) worth?
Worth of Platinum metal is increasing with time as its shown on the table. It’s economic value never decreased as seen in the table last 20 years. So that’s meaning Platinum’s value is getting more important every day.
Nowadays, platinum price per gram is around $31.
How much is a gram of Palladium (Pd) worth?
Considering the variability of the palladium value, although there was a decrease for a period, it did not cause a serious decrease in general. It is still valuable and its economic value continues to increase.
Nowadays, palladium price per gram is around $72.
How much is a gram of Rhodium (Rh) worth?
Looking at the change in the value of rhodium in the last 10 years, although it has remained stable most of the time, it has increased significantly in the last two years. Nowadays, rhodium price per gram is around $287.
- Although the quantities vary by model, on average, only one standard catalytic converter contains about 3-7 grams of platinum, 2-7 grams of palladium, 1-2 grams rhodium. That provides serious gains when tons of scrap catalytic converters are recovered.
As Proses Makina Company, we provide to you all precious metals in the scrap catalytic converter recovery for economic gain with our high efficiency, last technology systems.